M.A.B.
ActiveM.A.B. has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €106k and a net result of €9k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 48% of 4533 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
66
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability59▲+23
Solvency61▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity short (current ratio 0.02 against 0.01 in 2024; short-term debt: 63.5% and cash: 1.3% of total assets), and 63.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
36.4%
Return on assets
3.2%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €106k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
34 d early
2023
57 d early
2022
60 d early
2021
10 d early
2020
59 d early
2019
1 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€9k▲ 480%
2024 · €2k
2018: €-6k
2019: €-7k
2020: €-23k
2021: €-14k
2022: €-57k
2023: €-21k
2024: €2k
2018 → 2025
Working capital
€-181k▲ 4.3%
2024 · €-189k
2018: €-84k
2019: €-88k
2020: €-107k
2021: €-118k
2022: €-171k
2023: €-194k
2024: €-189k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€173k-€117k▼ 32.8%€95k▼ 18.2%€97k▲ 1.7%€106k▲ 9.5%
Operating result€-11k-€-55k▼ 379%€-19k▲ 65.9%€5k€12k▲ 171%
Net result€-14k-€-57k▼ 305%€-21k▲ 62.7%€2k€9k▲ 480%
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 171% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €292k
Fixed assets
€287k▼ 0.4%
Current assets
€4k▲ 343%
Equity and liabilities €292k
Equity
€106k▲ 9.5%
Debt
€185k▼ 3.6%
The debt ratio falls from 66.5% to 63.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€13k▲
2024 · €6k
Cash flow
€10k▲
2024 · €3k
Solvency
36.4%▲
2024 · 33.5%
Current ratio
0.02▲
2024 · 0.01
Quick ratio
0.02▲
2024 · 0.01
Debt / equity
1.75▼
2024 · 1.99
ROE
8.7%▲
2024 · 1.6%
ROA
3.2%▲
2024 · 0.5%
Interest coverage
4.35▲
2024 · 1.93
Debt
€185k▼
2024 · €192k
Debt ≤ 1 year
€185k▼
2024 · €190k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€289k€292k▲
Fixed assets21/28€288k€287k▼
Tangible fixed assets22/27€288k€287k▼
Land and buildings22€288k€287k▼
Current assets29/58€988€4k▲
Cash at bank and in hand54/58€499€4k▲
Deferred charges and accrued income490/1€489€505▲
Equity and liabilities
Total equity and liabilities10/49€289k€292k▲
Equity10/15€97k€106k▲
Contributions10/11€31k€31k=
Capital10€31k€31k=
Issued capital100€31k€31k=
Revaluation surpluses12€195k€195k=
Reserves13€334€334=
Non-distributable reserves130/1€334€334=
Legal reserve130€334€334=
Profit (loss) carried forward14€-129k€-120k▲
Amounts payable17/49€192k€185k▼
Amounts payable within one year42/48€190k€185k▼
Trade debts44€5k€0▼
Suppliers440/4€5k€0▼
Other amounts payable47/48€185k€185k=
Accrued charges and deferred income492/3€3k€400▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k=
Other operating charges640/8€5k€7k▲
Gross operating margin9900€11k€21k▲
Operating profit (loss)9901€5k€12k▲
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€3k€3k▲
Recurring financial charges65€3k€3k▲
Profit (loss) for the period before taxes9903€2k€9k▲
Profit (loss) for the period9904€2k€9k▲
Profit (loss) for the period to be appropriated9905€2k€9k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-129k€-120k▲
Profit (loss) brought forward from the previous period14P€-131k€-129k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Highest result since 2018net €9k ▲480%
Operating result €12k, net result €9k, both a record.
31-12
Financial
Equity above €100kEq €106k ▲9.5%
2 profitable years in a row build equity to €106k.
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €2k
Net result €2k after 6 loss-making years.
04-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
01-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet €-57k
Net result drops to €-57k, the lowest in the series; recovery starts the following year.
21-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
02-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Equity above €150kEq €187k ▲1148%
Equity rises from €15k to €187k.
30-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
24-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 55 days late
2018
24-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
04-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 4 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Schoten · 1 establishment unit since 1990
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Paalstraat 702900 SchotenGround area
268 m²
Building footprint
268 m²
Volume, LiDAR
1,748 m³
Parcel 11442C0151/00M014, Flanders · tallest building 13.5 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
M.A.B.
since 19902.050.092.921
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11442C0151/00M014 | Flanders | 268 m² | 1 · 268 m² | 13.5 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Felix Schön
BE 0731.800.959
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POLFRABEL
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KOKNESIS
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Of 9,140 companies in sector 68201 we hold annual accounts for 6,769. 4,244 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded18-06-1990
Fiscal year end31-12
Activities, NACEBEL
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 33 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.